In our series of renewable energy and geopolitics interviews, Indra Øverland – head of the Center for Energy Research at the Norwegian Institute for International Affairs – explains why hydropower can be the perfect match for intermittent renewables such as solar and wind. Hydropower assets are one of the biggest geopolitical stories of the energy transition but receive almost no attention. Nations with strong hydro potential may become linchpins of regional renewable energy.
The deal introduced a 15-year grace period for household PV system owners, during which they could choose whether to take net metering payments based on assumed energy use or a potential new system based on actual use and measured by smart meters.
The new credit lines are for the development of on and off-grid renewable energy projects. The European Commission is offering the fund a €40 million helping hand.
Two Western Australian mines will be powered by renewable energy hybrid microgrids echoing a global shift away from fossil fuels in the mining sector.
As contract lengths shorten, U.S. solar developers and investors are relying more and more on sales of power in the spot market as the future.
Although it is unclear how much generation capacity will be contracted, several projects submitted for the subsequently cancelled fourth government renewables auction may participate in Thursday’s procurement. ‘Qualified users’ – energy consumers needing more than 1 MW of power and without access to regulated power supply from national utility CFE – are expected to be among the buyers at the exercise.
After earmarking €3 million last year and €4 million in 2017, the Italian region of Lombardy has decided to further support residential and commercial storage projects linked to renewables.
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